BofA settlement political theater: Kovacevich
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BofA settlement political theater: Kovacevich

Dick Kovacevich, former Wells Fargo chairman & CEO, explain why he thinks the massive $17 billion Bank of America settlement with the Justice Department is extortion. Companies don't commit crimes, people do, contends Kovacevich.
04:07
Thu, Aug 21 20147:04 AM EDT